The problem is the lack of traffic. There are also rooms with low to no rake but the traffic is mainly not there. Swc have some free converter for nlh, and vietbet, that has regular action at nlh50 and around and half or so rb and stars level rake, also may have some converter but it may not be public.
The wpn softwares bitcoin site has no cash action, and I dont play tourneys at wpn that shares them with that bitcoin site,, and wpn as a network accepts bitcoins as a deposit I think, like intertops, vietbet and fullflush I think but no bitcoin cashout and the play is in dollars.
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A couple of weeks ago my uk euro bitcoin wallet didnt accept my password, needed to ask a new password, not too promising. I have used bitcoins to buy stuff also, when the bitcoins value is a bit more, and could buy some more bitcoins when the value of bitcoins is a bit less, and the same for deposits with bitcoins that get turned to dollars I suppose. At this time I dont have much use for bitcoins and might stop using them at some point. Fullflush has some converter and action but they have cashout problems.
Only a small part of my action goes to bitcoin sites and I even cashed out tony though rakefree for the frustration of lack of action. I also saw an australian site with half the rake I think that has almost only australians, not bitcoin I think and not busy but some during australian times, a lot of regs, looking about their vip levels. Has some potential but not so during my times.
There not being lower to no rake sites isnt the problem, and on bitcoin sites one can be from anywhere and the only site asking documents is your wallet at least if you deposit there with cash. The problem is these poker sites, casino sites, are not as known, and the hud thing can also be of some problem.
The bitcoin use is good and bad, and is easy like any wallet or even easier, but one needs to make sure what the value of bitcoin is when one does anything. The low value of euro compared to dollar is significant and I used that to pocket some dollars as I need to convert them in euros, that I now have more as they were not worth much more than dollars.
I use a dollar wallet online with a similar reason as i have a bitcoin account, though with less trust to my bitcoin wallet when even the dollar known wallets get hacked every now and then, though u can make that next to impossible even without two steps, similar to stars. The email being the weakest spot then, depending on your computers security, and how much you use it but at safe sites.
The hem etc. dont support any small sites, just some other softwares might and the possible converters, that are often not free, nor those other softwares, counting out some but they dont support eg. Swc anymore, that is imo the best site for bitcoin play at this time, and not only because I play some 5 card omaha and mixed games. And there is a free converter for nlh on these 2 2 forums, though it gave a safety warning and I didnt download it as the first ones doing so and I dont have yet another laptop, that I could use for poker only to limit the loses and extra work when something gets alarmed.
Anonymous accounts, a questionable thing, prefering actually eu networks with full non anonymity and legal vulnerability, though not all interested to give extra for goverments as it isnt working almost at all currently. Anonymous might be nice when it gives one no protection anyway if not, but the sites dont ask for documents for nothing, though stars has never asked anything from me.
I dont feel all safe spreading out my documents, also seeing how many sites run with our money, needing to take care to cover many numbers and even then it isnt safe, nor is a deposit with neteller etc. Compared to bitcoin, considering the info u are still currently typing in on sites when making your deposit, while with bitcoin, no documents and ur sending the money from elsewere like a wire transfer, though not as anonymous. But bitcoin sites as anonymous have been abused and the ip etc. And email is the level of protection u have from other players.
But as a currency, bitcoins are much the same for me as dollars, used for online poker mainly, with possibly no currency conversion or other buyings also possible, but at this time it isnt a significant consideration for most, but to some it can be more or less. If the bitcoin value stays the same, it is 1 percent to turn them to euros, but if one also uses it for dollar deposits to sites and even back, not looking as good, and even if for free, the saved percentage or two isnt a lot of money when using just dollars instead. So, not too clear how much better bitcoin is at this time, other than it seems to be growing in popularity. Though personally, I dont find much use for it at this time compared to dollars and euros, but that is more than nothing, as it used to be for me before.
There are goods for bitcoins, and goods for anonymity or close to it, but all that also depends on person and if one gets enough action to make it better. But there is no lack in low or even in rake free sites. Just a lack in action.